Intrum Aktie

Intrum strengthened its balance sheet through a capital increase and a portfolio sale of €2.4bn; pro‑forma leverage in the service business fell from 6.2x to 4.3x. At the same time, service revenues fell 3% reported and 2% organically, while the service EBIT margin remained at 25% for the third consecutive quarter. Management warned that the goal of largely stable service revenues for 2026 is now harder to achieve; costs fell 2% and headcount dropped 8%. The stock reacted negatively in pre-market trading and is near its yearly low, while the company plans further refinancing and efficiency measures. » More on de.investing.com

Intrum Justitia reported a 12% revenue decline to SEK 4.12 billion in Q1 2026 and a net loss driven by accounting one-offs. The servicing margin improved to 21% and a capital gain of SEK 254 million arose from the consolidation of the Savoy Group. The share fell 24.72% in premarket trading. Management confirmed the strategic implementation plan through 2030 and plans cost reductions, AI initiatives and a rights issue to strengthen the balance sheet. » More on de.investing.com

Moody’s has affirmed Intrum’s corporate rating at Caa2 and upgraded the outlook from stable to positive, supported by a lower leverage following buybacks of 2.0-lien notes as well as stable cash EBITDA and solid cash flows in 2025. Moody’s also affirmed ratings for secured liabilities (Caa3 for 2.0-lien and B3 for 1.5-lien new money). Intrum plans further deleveraging in H1 2026 through the sale of a debt portfolio and repayment of maturing 2.0-lien notes, subject to approval. Constraining factors remain significant negative cash flows from financing activities, high indebtedness and a material equity deficit; sustained improvements in earnings, cash flow and net debt would allow for upward movement. » More on de.investing.com